FINAMBITION

Outscourcing financial administration: shared services center

We have a great deal of experience in migrating financial accounting systems to a shared service centre. 

In our view, moving financial accounts to a shared service centre can be effective and efficient, but only if these two conditions are met:
  ♦  the company in question generates large volumes of similar transactions;
  ♦  the shared service centre is servicing one or a few similar jurisdictons.

If these two conditions are not met, the company concerned will need to put in place a lot of additional measures to make it work. And even then, there is no guarantee that the shared service centre will be cost-efficient.

Thanks to our experience, we can help you overcome these challenges, both during the feasibility study and in the design, planning and implementation stages.